IG Index Migrates to FioranoMQ to Scale Financial Transactions

Replaces IBM MQ with faster, more robust JMS system

April 01, 2014 03:00 AM Eastern Daylight Time

LONDON--(BUSINESS WIRE)--Fiorano Software, a leader in enterprise integration middleware
solutions, announced that FioranoMQ has been deployed at IG Index, the
UK's number one financial spread betting and Forex services provider.
Real-time enablement of multiple internal processes, reduced latencies,
the addition of new business functionality and improvements in
deployment efficiency to multiple environments, among others are only
some of the realized benefits of moving to FioranoMQ.

FioranoMQ
was chosen after a careful evaluation to migrate from its existing IBM
MQ series platform, a move designed to stimulate greater interest in the
fast-paced spread-betting market. FioranoMQ offers IG Index a low
latency, high throughput messaging platform with the ability to scale
linearly, with thousands of connections across multiple connecting
various applications processing messages with 24X7 reliability. The
production system currently handles over thirty million messages per day
and is designed to scale comfortably in the coming years.

IG Index has been successfully offering retail investors’ leveraged
access to over ten thousand financial markets through their
award-winning dealing platform and mobile apps. It recently introduced
“Sprint Markets”, a solution which allows superfast bets on major stock
indices. The key to IG Index’s phenomenal success has been its
willingness to employ the best technology to meet business needs on a
scale unmatched by its peers.

FioranoMQ, first commercial implementation of JMS
2.0, is the acknowledged leading Java
Messaging (JMS) server in the high growth messaging middleware
market. It offers customers the benefits of the most advanced Java
technology-based middleware platform for developing robust, large-scale
applications. FioranoMQ’s multiple configuration capabilities and
flexible architecture enables seamless extension of application systems
in real time.